Stem, Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	48.92	56.3	105.38	87.9	747.78
Short-Term Investments	-	-	8.22	162.07	173.01
Cash & Short-Term Investments	48.92	56.3	113.59	249.98	920.79
Cash Growth	-13.12%	-50.44%	-54.56%	-72.85%	13164.02%
Accounts Receivable	38.35	59.32	302.85	223.22	61.7
Inventory	4.59	10.92	26.67	8.37	22.72
Other Current Assets	8.24	10.08	29.86	51.19	18.64
Total Current Assets	100.09	136.62	472.97	532.76	1,024
Net Property, Plant & Equipment	53.5	71.39	86.67	103.19	119.11
Other Intangible Assets	123.03	143.91	157.15	162.27	13.97
Goodwill	-	-	547.21	546.65	1.74
Other Long-Term Assets	32.27	85.44	92.99	77.04	33.16
Total Assets	308.89	437.36	1,357	1,422	1,192
Accounts Payable	10.31	30.15	78.28	83.83	28.27
Accrued Expenses	36.01	32.45	91.25	97.72	33.44
Current Portion of Leases	13.79	16.52	14.84	15.72	15.28
Unearned Revenue	43.63	43.26	54	64.31	9.16
Other Current Liabilities	6.83	6.43	12.73	5.41	1.82
Total Current Liabilities	110.57	128.8	251.08	267	87.97
Long-Term Debt	312.39	525.92	523.63	449.51	318.23
Long-Term Leases	39.45	54.96	62.47	74.83	85.39
Other Long-Term Liabilities	90.42	125.51	93.12	78.39	32.42
Total Long-Term Liabilities	442.26	706.39	679.22	602.73	436.04
Total Liabilities	557.95	835.19	930.3	869.73	524
Common Stock	0.02	0	0.02	0.02	0.01
Additional Paid-in Capital	1,239	1,228	1,199	1,185	1,177
Accumulated Other Comprehensive Income	0.04	0.08	-0.04	-1.67	0.02
Retained Earnings	-1,489	-1,627	-772.49	-632.08	-509.05
Total Common Shareholders' Equity	-249.43	-398.39	426.2	551.63	667.83
Minority Interest	0.38	0.54	0.49	0.54	-
Shareholders' Equity	-249.04	-397.85	426.68	552.17	667.83
Total Liabilities & Equity	308.89	437.36	1,357	1,422	1,192
Total Debt	365.63	597.41	600.93	540.06	418.89
Net Cash (Debt)	-316.72	-541.11	-487.34	-290.08	501.9
Net Cash Per Share	-37.30	-67.03	-62.65	-37.82	95.09
Book Value	-249.43	-398.39	426.2	551.63	667.83
Book Value Per Share	-29.38	-49.35	54.79	71.91	126.53
Tangible Book Value	-372.46	-542.3	-278.16	-157.29	652.12
Tangible Book Value Per Share	-43.87	-67.18	-35.76	-20.51	123.55

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q